Auto Warranty Companies Fight For Your Business
auto warranty - The realm of auto warranty companies is a fiercely competitive one. There are a limited number of cars on the highway - granted, there are millions of them, and every one of them, at some time or still, has or experienced a warranty - but with the large number of companies fighting for that business of the drivers, it indicates that each and every car owner is the target of some very hungry sales reps.
This is definitely a daunting position to be in for a car owner. Whether you are buying a new car from a dealership, or buying a second hand car, you will have people trying to sell you their warranty services.
Inside the dealership, you could run into a pushy sales person that will try everything they are able to to obtain to sign on to have an extended warranty once you create your initial purchase. You will find benefits to buying during that time, including getting the costs from the warranty rolled up into the financing for your car, and understanding that your dealership will continue being the area to get any repairs or replacements done. However, these comforts could end up costing you hundreds or 1000s of dollars in the end. Sales people make huge commissions on warranties, so they're eager to help you get to enroll in one. But the price that is rolled into the financing will likely be a lot higher than it would if you sought out your own quotes from third-party extended warranty providers. Granted, you will need to pay more up-front with those third-party companies, instead of adding a little number to your monthly car payment bills. However it could very well save a little money.
But as not all the car sales person is out to rip you off, not all third-party providers are excellent guys, either. There are some risky ventures out there, so a wise shopper will compare not only the prices offered by these vendors, but the terms and conditions of the warranties they offer. If a company won't let you review the warranty before you buy, don't waste your time or money - it's likely a scam, or just a really bad set of terms that will tie you to some big costs further down the road. Auto warranty companies will fight to get you being a client, so use that to your advantage. Make a price comparison, examine all of the terms of the warranties offered, and tell the firms you speak with “hey, make me the best offer.” Someone else will if they can't.